Chipotle reports Q1 adjusted EPS $10.50, consensus $8.92

Reports Q1 revenue $2.4B, consensus $2.34B. Comparable restaurant sales increased 10.9% In-restaurant sales increased 22.9%, while digital sales represented 39.3% of food and beverage revenue. Operating margin was 15.5%, an increase from 9.4%. Restaurant level operating margin was 25.6% 1, an increase of 490 basis points